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FDI · Company Setup

Setting Up a Foreign Investment Company in Korea
Under the Foreign Investment Promotion Act

Foreign Investment Company Setup (FDI) — Complete process for foreign nationals to establish a Korean corporation. One-stop service from foreign investment report and capital deposit to corporate registration, tax registration, and D-8 visa application. Minimum registered capital of KRW 100M is the core requirement.

Under the Foreign Investment Promotion Act, a foreign investor must file a foreign investment report at a designated foreign exchange bank, deposit the registered capital of KRW 100M+ into the corporate account, and complete corporate registration followed by tax registration. After registering as a foreign-invested enterprise, the investor may apply for the D-8 Corporate Investment Visa. Spouse and minor children may reside together under F-3 (dependent) status.

1. Overview

A foreign-invested company in Korea is established under the Foreign Investment Promotion Act. The minimum investment amount is KRW 100 million. Once registered as a foreign-invested enterprise, the investor may apply for a D-8 visa — one D-8 holder per KRW 100M invested.

2. Requirements

  • Valid passport and identity documents (passport copy, recent photo)
  • Minimum registered capital of KRW 100 million
  • Designated Korean business premises (office lease)
  • No immigration violations or outstanding tax liabilities
  • Legal source of funds proof (overseas remittance records)

3. Required Documents

CategoryDocumentNotes
CommonApplication form, passport copy, photo (3.5×4.5cm)Photo within 6 months
InvestmentForeign investment report, remittance confirmation, capital deposit proofKRW 100M+
CorporationArticles of incorporation, corporate registry extract, business registration certificateKorean corporation
PremisesOffice lease agreement, business planKorean address required
FinancialBank statements, proof of fund sourceLast 1 year

For a detailed document checklist tailored to your situation, please request a free consultation.

4. Process

  1. Free consultation and investment eligibility review
  2. Foreign investment report at foreign exchange bank
  3. Establish Korean corporation (articles of incorporation, shareholder registry)
  4. Open corporate bank account and deposit registered capital
  5. Complete corporate registration (court registry office)
  6. Business registration at tax office
  7. Register as foreign-invested enterprise (KOTRA or municipal government)
  8. Apply for D-8 visa issuance confirmation or status change
  9. Obtain D-8 visa at Korean embassy in home country (or in-Korea change)
  10. Register as foreigner within 90 days of entry

5. FAQ

Q. How long does the process take?
A. Typically 2–4 weeks. The timeline may vary depending on the visa type and individual circumstances including immigration review periods.
Q. What are the advantages of using an administrative attorney?
A. VISASKOREA has handled 1,000+ visa, residency, and permanent residency cases since 2018. Licensed attorneys review documents, prepare your application, and accompany you to immigration appointments. Free consultations in Korean, English, Chinese, and Japanese.
Q. Is the consultation free?
A. Yes, all consultations are free. Available in Korean, English, Chinese, and Japanese via KakaoTalk, WeChat, LINE, and WhatsApp.
Q. What if the application is refused?
A. We analyze the reason for refusal and can prepare supplementary documents, reapply, or pursue an administrative appeal. Strategy varies by case — please consult us first.
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